Who makes producers for AI data centers

Upstream producers extract the gas. They sit furthest from the data center of anything in this catalog and they set the commodity price that a behind-the-meter generation plant is exposed to for its whole life — which is the substance of the argument between self- generation and buying grid power. That exposure is the part worth thinking about. A campus that builds its own gas plant has converted an electricity price into a fuel price plus a capital cost, and gas prices have been considerably more volatile than the delivered power prices most operators were previously paying. Hedging is possible and long-term supply contracts exist, but a twenty- year data center is a long time to hold a commodity position, and the regions where gas is cheapest are the ones where takeaway pipeline capacity is most constrained. The basin matters as much as the producer. Gas priced at the wellhead in a constrained basin is cheap precisely because it cannot easily leave, which is part of why some campuses are being sited on top of production rather than at the end of a pipeline. What to look for is which basin a producer operates in, whether its gas has firm takeaway, and whether any given placement reflects an actual supply agreement with a data center or simply the fact that the company produces gas — most of these are the latter, and the catalog's confidence tags should be read accordingly.